Sunstone Hotel Investors sold the 502-room Renaissance Los Angeles Airport hotel for $91.5 million in the L.A. market’s second-priciest hotel deal by sum of 2020, a tough year for hospitality properties amid the coronavirus pandemic.
Hotel Near Los Angeles Airport Sold in Region’s Second-Largest Deal of 2020
$91.5 Million Trade is California’s Fifth Priciest Amid Pandemic Conditions
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